Archive | 2014

Video: Zebari says "Mosul is Key"

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's Finance Minister Hoshyar Zebari says ISIL is now on the defensive, although they are still in control of Mosul. Al Jazeera's Jane Arraf reports from Baghdad:

Defenders of Baghdad Turn to Crime

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Kidnappers In Uniform? Defenders Of Baghdad Turn To Crime For Cash There’s been a rise in crime and kidnapping in Baghdad and it seems that perpetrators are often in military […]

Video: Battle Rages for Balad City

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's autonomous Kurdish government says 727 of its fighters have been killed in battles with ISIL since June. ISIL has been trying to take control of strategic areas in Iraq. The latest town […]

Iraq Economy to Shrink by Less than Expected

The International Monetary Fund (IMF) has issued its findings following a recent visit to Iraq. End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the […]

PM Abadi: Corruption as Dangerous as Terrorism

By John Lee. On a recent visit to the holy city of Karbala, Prime Minister Haider Al-Abadi described the existence of "ghost" soldiers as a crime on two fronts - the theft of public money and the breach in security which led to the murders of innocent people. He described the efforts of the Ministry of […]

Baghdad-Erbil Deal Silent on KRG's Surplus Oil

By Mohammed A. Salih for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The new oil agreement between Iraq’s federal government and the autonomous Kurdish government in the north appears to have left some room for confusion as to what the Kurds should do […]

AM General Wins $10m Iraq Contract

By John Lee. AM General has been awarded a $9,788,413 firm-fixed-price, foreign military sales (Iraq) contract for 50 M1165A1 high mobility multipurpose wheeled vehicles (HMMWV) and spare parts for one year. Work will be performed in South Bend, Indiana, with an estimated completion date of Dec. 9, 2015. Bids were solicited via the Internet, with […]

Breaking the Corruption Chain

On Tuesday, the world commemorated the International Anti Corruption Day. On that Day, 9 December, 11 years ago, the United Nations Convention against Corruption (UNCAC), was first opened for signature and adoption by Member States of the United Nations, in Mexico. The Convention named the United Nations Office on Drugs and Crime (UNODC) as the […]

Kurdistan "a Refuge from Iraq’s Violence"

The Kurdistan Regional Government (KRG) and the United Nations (UN) continue to make a concerted effort to track and monitor displacement throughout the Kurdistan Region of Iraq (KR-I). According to the Kurdish Ministry of Planning and the International Organization for Migration (IOM), 47 per cent of all Iraq’s over 2 million displaced are now in […]

$10m Deal for Alliant Techsystems

By John Lee. Alliant Techsystems (ATK) has been awarded a firm- fixed price, cost-plus-fixed-fee $9,949,966 modification (P00053) to previously awarded contract FA8106-10-C-0010. The contractor will provide contractor logistic support for the Iraqi Air Force's Cessna 208B Caravan and is expected to be completed by April 30, 2015. (Source: US Dept of Defense)

The Balance Sheet of the Recent IFG-KRG Oil Deal

The Balance Sheet of the Recent IFG-KRG Oil Deal By Ahmed Mousa Jiyad. On 2 December the Council of Ministers-CoM website posted the decisions taken by the Cabinet including one approving the agreement concluded between the Iraqi Federal Government (IFG) and Kurdistan Regional Government (KRG). Soon after its announcement and due to lack of transparency, […]

Abdul-Mahdi: Now the Real Work Begins

By Cengiz Çandar for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Adel Abdul-Mahdi, Iraq’s former vice president and current oil minister in Haider al-Abadi's government, spotted me aboard a flight from Beirut to Istanbul. He was in a rush, on his way back […]